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| 表面の説明 | Brown letterpress on pink guilloche underprint. The Portuguese crowned coat of arms is centred at the top, flanked by the bank title BANCO DE PORTUGAL, while denomination numerals 1000 appear within ornate lozenge-shaped guilloche counters at both lower corners and the legend MIL RÉIS PRATA is centred beneath the arms. Date and place of issue, series designation, and two manuscript signature lines for the Director and the Governor occupy the lower portion, all enclosed within a fine decorative border. |
|---|---|
| 表面の銘文 | MIL RÉIS BANCO DE PORTUGAL 1000 MIL RÉIS PRATA Lisboa 1 de Julho de 1891 O DIRECTOR PELO GOVERNADOR BANCO DE PORTUGAL (Translation: Thousand Reis Bank of Portugal 1000 Thousand Reis Silver Lisbon, July 1, 1891 The Director For the Governor Bank of Portugal) |
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Portugal's monetary position in 1891 was precarious enough that the government suspended gold convertibility in May of that year — a decision forced by a severe balance-of-payments crisis and the near-collapse of the Banco de Portugal's reserves. This note entered circulation inside that crisis, not before it.
The "1st. print" designation matters here: subsequent printings of the same Pick type show subtle but documentable differences in paper stock and ink saturation, and the first printing is the scarcer of the series.